Settings8H · net · $10k
Funding arb · Price arb /

PAXG

all PAXG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Orderly+0.020%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.020% dearer against Orderly than usual: you sell high and buy low, +$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_PAXG_USDC_mythos4,355.90.0100pay 0.0050% / 4h23m 19s$55910x
ShortPacifica PAXG4,356.80.0100get 0.0013% / 1h23m 19s$1.0M$339K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.020% → 0.000%
$2.03
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$11.97
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Pacifica live order book, 1 min ago0.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PAXG on 29 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PAXG/USDC PERP−0.0007%1h4,347.3−0.197%$1K$151K30xas long as short
dYdX PAXG-USD0.0000%1h4,358.3+0.056%$102K$12K5xas long as short
Gate PAXG_USDT0.0000%8h4,358.3+0.055%$15.8M$3.6M100xas long as short
SunX PAXG-USDT0.0000%4h4,353.2−0.062%$2K$3.9M20xas long as short
Deribit PAXG_USDC-PERPETUAL0.0000%1h4,359.9+0.092%$7.9M$866K50xas long as short
HTX PAXG-USDT0.0000%4h4,360.3+0.101%$909K$641K75xas long as short
Lighter PAXG+0.0096%1h4,355.4−0.011%$1.4M$270K25xas long as short
Paradex PAXG-USD-PERP+0.0100%8h4,356.2+0.007%$80K$3.7M50xas long as short
Hyperliquid PAXG+0.0100%1h4,356.5+0.014%$20.4M$1.9M10xas long as short
Aster PAXGUSDT+0.0100%4h4,357.2+0.029%$909K$30K50xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica PAXGshort+0.0100%1h4,356.8+0.020%$1.0M$339K10x
Binance PAXGUSDT+0.0100%4h4,356.9+0.023%$80.0M$69.2M75xas long as short
Bybit PAXGUSDT+0.0100%4h4,358+0.049%$15.2M$3.6M75xas long as short
MEXC PAXG_USDT+0.0100%4h4,356.8+0.020%$16.1M$1.2M100xas long as short
KuCoin PAXGUSDTM+0.0100%4h4,358.6+0.061%$27.3M$5.4M30xas long as short
Bitget PAXGUSDT+0.0100%4h4,357.7+0.040%$9.8M$14.3M50xas long as short
BingX PAXG-USDT+0.0100%4h4,356.9+0.022%$6.8Mas long as short
Backpack PAXG_USDC_PERP+0.0100%1h4,358.5+0.059%$1.4M$971K50xas long as short
Variational Omni PAXG+0.0100%4h4,355.4−0.010%$12.5M$102Kas long as short
GRVT PAXG_USDT_Perp+0.0100%4h4,355.2−0.015%$1.5M$2.0M10xas long as short
ApeX Omni PAXGUSDT+0.0100%1h4,354.9−0.023%$263K$796K50xas long as short
Orderly PERP_PAXG_USDC_mythoslong+0.0100%4h4,355.9long leg$55910x
Phemex PAXGUSDT+0.0100%4h4,358+0.048%$1.5M$38K50xas long as short
Extended PAXG-USD+0.0104%1h4,355.7−0.005%$378K$1.2M25xas long as short
Hibachi PAXG/USDT-P+0.0128%1h4,355.8−0.002%$48K$143K20xas long as short
Reya PAXGRUSDPERP+0.0189%1h4,357+0.024%$21K100xas long as short
Kraken Futures PF_PAXGUSD+0.0286%1h4,357.7+0.041%$1.3M$1.4M20xas long as short
Coinbase International PAXG-PERP-INTX+0.0296%1h4,361.7+0.133%$976K$1.1M50xas long as short
01 Exchange PAXGUSD+0.0976%1h4,366.8+0.250%$29K$23K10xas long as short